Licinius I, 308-324. Follis (Bronze, 19 mm, 3.54 g, 6 h), Rome, circa 320. IMP L-ICINIVS AVG Helmeted and cuirassed bust of Licinius I to right. Rev. VOT / XV FEL / XX R P in three lines within wreath. Bikić-Do 8:43. RIC 221. Very rare. Minor deposits and the obverse somewhat brushed, otherwise, nearly very fine.

From the collection of Dr. L. Ramskold and the Zachary Beasley Collection, VAuctions E-Auction 236, 5 November 2009, 98.

This is one of seven examples known from officina P, of which five are in private hands, four of which in the Ramskold Collection. A total of 14 examples of RIC 221 are now known, RIC listing only two.